of July 31, 2015 No. 208
About introduction of amendments and changes in the Tax code of the Kyrgyz Republic
Accepted by Jogorku Kenesh of the Kyrgyz Republic on June 18, 2015
Article 1. Bring in the Tax code of the Kyrgyz Republic (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2008, No. 8, the Art. 922) the following amendments and change:
1. To add Item 24 of article 167 after the words "in the domestic organizations" with words ", and also received by physical nonresident person of the Kyrgyz Republic in the form of part of profit, liable to the profits tax at the rate of 0 percent according to Article 221-2 of this Code".
2. Regarding 1 Article 213 of the word "this Article" shall be replaced with words "this Section".
3. Add the code with Article 221-2 of the following content:
"Article 221-2. Features of the taxation of profit on large investments
1. The profit of the domestic organization (further in this Article - the taxpayer) from implementation of activities for production and self-produced sales of goods, including production and sales of goods, the goods received as a result of conversion in the territory of the Kyrgyz Republic, with use of exclusively new equipment, estimated according to this Section, is assessed at the rate in the amount of 0 percent if the taxpayer:
1) received for tax period proceeds from sales of the made products in the amount at least 170000000 som; and
2) monthly during tax period the income tax in the amount pays at least 150000 som; and
3) at least 10000000 som have the paid authorized capital.
2. In this Article the new equipment is understood as the fixed assets imported on the territory of the Kyrgyz Republic after and which were not used in its territory till May 1, 2015 and also the used real estate which are property of the domestic organization or are used by it according to the agreement of finance lease (leasing).
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The document ceased to be valid since January 1, 2022 according to article 21 of the Law of the Kyrgyz Republic of January 18, 2022 No. 4